Networking Spending to Keep Steady, Despite Gloomy 2009 IT Outlook

Came across some information on IT spending that I thought I would share. Spending across IT sectors is set to remain low throughout 2009 and is not expected to pick up until 2010, according to a new report by TheInfoPro (TIP). The bi-annual global survey has seen budget cuts across the board, with only networking holding its own with 36 percent of organizations planning to increase spend (at least there is some good news) compared with 41 percent looking for cuts. This information is in line with Gartner’s survey where nearly half of businesses reduced their IT budgets in the first quarter of this year.